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Apple faces fresh EU antitrust complaint...>

EQUITIES
EQUITIES: Apple faces fresh EU antitrust complaint (FT)
- Apple is facing another antitrust complaint in Europe, after the Japanese
media and ecommerce group Rakuten joined the music-streaming site Spotify in
asking Brussels to investigate its App Store. Rakuten's ereader subsidiary Kobo
claimed it was anti-competitive for Apple to charge it a 30 per cent commission
for e-books sold through the App Store while promoting its own product, Apple
Books. Kobo said it loses out on business by forcing customers to go to its
website to buy e-books, as it seeks to avoid the Apple commission, according to
several people familiar with the complaint.
- Link: https://www.ft.com/content/9c847838-ca25-43cf-a962-0d3588d8d34d
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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